NIC

Nicolet BanksharesD

NYSE / Banks

At close

2026-06-02

Current thesis

Nicolet entered 2026 from a position of strength, with 2025 net income of $151 million, total assets of $9.2 billion, negligible net charge-offs, and solid capital ratios; if the MidWest One integration is clean, the stock can re-rate toward the $175 analyst median target. [#10-K-2026-02-27]

Posture

Defensive

Lead driver

Sentiment

What changed

Sentiment remains the lead driver in the composite, 7D delta +7.4.

What can break

Capital return restrained while merger execution takes priority

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $160.00 · Bull $175.00 · Bear $142.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-02 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-15 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $175.00

Why

Momentum27 · Δ7d -0.1

Value49 · Δ7d +4.6

Sentiment62 · Δ7d +7.4

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Sentiment · See AI snapshot

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

-0.1

Δ21d

-3.6

Value

32% active weight

Current posture

7d trendImproving

Δ7d

+4.6

Δ21d

+4.7

Sentiment

33% active weight

Current posture

7d trendImproving

Δ7d

+7.4

Δ21d

+14.6

Why this grade

Composite grade D. Momentum 27.2 / Value 49.2 / Sentiment 62.1

Fundamentals (TTM)

As of 2026-06-02

Market Cap

$2.92B

Beta

0.78

Shares Out

14.8M

P/E (TTM)

13.3

P/S (TTM)

4.83

P/FCF (TTM)

13.56

Rev YoY

+6.8%

EPS YoY

+29.8%

Gross Margin

Op Margin

+47.3%

Net Debt

$39.46M

Current Ratio

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology